Call for Labour to break tax promise

Morgan Godfery writes:

Perhaps Ardern should, like Key before her, take stock of the developing circumstances and acknowledge that tax changes are necessary to protect the Government and the public’s economic and social position.

Those tax changes could take the form of a comprehensive capital gains tax.

Those calling for tax increases are like rust – they never sleep.

Ardern ruled out a CGT for so long as she was Prime Minister. If she backtracked on that, she’d be toast.